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TB MC Qu. 16-85 (Algo) Rawe Corporation's accounts receivable at the end... Rawe Corporation's accounts receivable at the end of Year 2 was $354,000 and

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TB MC Qu. 16-85 (Algo) Rawe Corporation's accounts receivable at the end... Rawe Corporation's accounts receivable at the end of Year 2 was $354,000 and its accounts receivable at the end of Year I was $307,000 Sales, all on account, amounted to $1,434,000 in Year 2 . The company's average collection period for Year 215 closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice. 901 days 841 days: 781 day 5

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